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Ominous signs from today’s GDP report. (Not what you may be thinking.)

Summary:
Today’s GDP report, which showed a record contraction in the US economy, also contained some ominous forward looking signs. State and local spending and investment is cratering. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286

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Today’s GDP report, which showed a record contraction in the US economy, also contained some ominous forward looking signs. State and local spending and investment is cratering.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286



Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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